Skip's Sealcoating Service increased its total monthly revenue from $12,000 to $13,500 when it raised the price of driveway repairs from $600 to $750 . The price elasticity of demand for Skip's Sealcoating Service is

Refer to Figure 4-3. Kendra's marginal benefit from consuming the second ice cream cone is

A) $6.50. B) $6.00. C) $3.00. D) $2.25.

Refer to Figure 6.1. At which point on the total product curve is the average product of labor the highest?

A) point A. B) point B. C) point C. D) point D. E) none of the above